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20121201
20121201
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CNN
Dec 1, 2012 3:00am PST
right now in washington, it doesn't matter if you're from the old republican guard or the new one, everyone is going to have to come together with democrats and make a deal on that fiscal cliff. >> just 31 days until the deadline and our chief white house correspondent jessica yellin has more on where each side stands. >> randi, victor, democrats say tax rates have to raise on the wealthiest or there's no deal. but negotiations have to start with spending xuts. this is a case of who budges first. just when you thought campaign season was over -- >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. >> president obama is back on the stump pressing republicans to cut a deal averting the fiscal cliff. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> reporter: republicans say they want their christmas, too, and blame the president for the deadlock. >> there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. >> reporter: things got tense after tre
CNN
Dec 1, 2012 4:00am PST
korean's leade kim jung-un is raising the stakes with washington and the neighbor to the south. he plans to launch a rocket within days. the state-run media says a rocket carrying a satellite into orbit will lift off between december 10th and december 22nd. south korea warns if pyongyang goes ahead, they can expect a strong response. remember, the first was back in april. that hyped launch that actually failed. both washington and seoul suspect the rocket launch will really cover for ballistic missile tests. >>> back here at home, issue number one is reaching a deal on that fiscal cliff. just 31 days left until we hit those $7 trillion in automatic spending cuts and tax increases, if negotiations break down. both sides of the aisle are going straight to the public in order to plead their case or tell us why the other side is to blame. this is president obama a in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from going up on middle class families. democrats in the house are ready to do
Search Results 0 to 1 of about 2